Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Cryptocurrency markets are trading lower as Bitcoin supply from exchanges dropped significantly over the past two days.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $58,842.68 | -1.05% |
Ethereum (CRYPTO: ETH) | $2,507.25 | -1.1% |
Solana (CRYPTO: SOL) | $136.27 | -3.1% |
Dogecoin (CRYPTO: DOGE) | $0.1005 | +0.7% |
Shiba Inu (CRYPTO: SHIB) | $0.00001386 | -1.7% |
Notable Statistics:
Notable Developments:
Top Losers:
Cryptocurrency | Price | Gains +/- |
Popcat (SOL) (CRYPTO: POPCAT) | $0.5833 | -15.7% |
Floki (CRYPTO: FLOKI) | $0.0001265 | -12.1% |
DOGS (CRYPTO: DOGS) | $0.001267 | -6.7% |
Trader Notes: As Bitcoin prices retreated below $60,000, crypto trader Jelle sees Bitcoin battling the mid-level of this channel. He added that the crypto king is struggling to get back above the level. The trader concluded, "$60,000 is the level to reclaim. Until then, choppy waters."
While most of the traders voice similar opinions, CrediBULL Crypto believes that Bitcoin could technically still push lower to his ultimate target of $53,000 to $54,000. He adds that he is not sure if it gets above prior highs or falls short of them. However, he is looking for one of the two scenarios to play out before continuing back down to his target.
Crypto trader CJ set a loose plan for Bitcoin only if Bitcoin does not fall to $56,000 immediately. With a daily imbalance level, he sees the first lows at $57,787.
Predicting two scenarios, the trader noted, for longs: "reclaim local range low at $58,000, targeting $61,000-$62,000." Whereas for shorts, he noted that if the longs scenario proves right and there is no further downside liquidity, he will short in the $61,000-$62,000 region targeting $56,000 and possibly $54,000.
What’s Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.
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